Press releases

The Fonds régionaux de solidarité FTQ de l’Est-du-Québec (Gaspésie–Îles-de-la-Madeleine, Bas-Saint-Laurent, Côte-Nord) have launched a new financing product designed specifically to meet the needs of the fishing industry, including fishing, processing, distribution, supplier and subcontractor operations.

As part of its plan for a just energy transition, the Fonds de solidarité FTQ is the first investor to announce that it will integrate the MSCI World Low Carbon ESG Target Screened Index in the management of a 1,3 billion C$ portfolio, by the end of its financial year on May 31, 2019. The new index will contribute to the Fonds’ commitment to reduce the carbon footprint of its investments in public companies by 25% between now and 2025.

News

Vancouver, Canada – The Centre for Drug Research and Development, Canada’s national life sciences venture, is pleased to announce the appointment of Mr. Didier Leconte as a new Director of the organization.

For its fiscal year ended May 31, 2018, the Fonds de solidarité FTQ posted comprehensive income (profit) of $1.0 billion for its 667 417 shareholder-savers. Share value is now $40.73, representing an annual shareholder return of 7.5%. Net assets grew to $14.3 billion.

In the first six months of its 2017-2018 financial year, the Fonds de solidarité FTQ posted comprehensive income (profit) of $506 million for the benefit of its 645,000 savers. Share value is now $39.32, for a shareholder return of 3.8% for the six-month period ended November 30, 2017, and a 12-month return of 8.9%. Net assets grew to $13.7 billion.